Fidelity pledges no 'false euphoria' on planned stock split
Fidelity Bank (Bahamas) yesterday pledged that its proposed early 2020 stock split will guard against the “false euphoria” that such moves sometimes provoke in local shareholders.Gowon Bowe, the BISX-listed commercial bank’s chief financial officer,
BPL crisis: What else can we say?
The Chamber of Commerce’s chief executive yesterday said there is “not much else to say” over the Bahamas Power & Light (BPL) crisis other than “hope resolution is in sight”.
Bahamas among nominated Butterfield Trust subsidiaries
The Bahamas is among the jurisdictions where Butterfield has been shortlisted in the Citywealth International Finance Centre (IFC) Awards 2020. The bank has been nominated for Trust Company of the Year in four categories: Switzerland; Hong Kong and
Controversy will 'force BTC to perform better'
The Bahamas Telecommunications Company’s (BTC) ultimate parent has “almost been forced to do better” by its chief executive’s controversial comments, a trade union leader said yesterday.Bernard Evans, the National Congress of Trade Unions (NCTU) pres
Top Works officials in 'resignation' bust-up
Two senior Ministry of Works officials were yesterday embroiled in an extraordinary bust-up that saw one publicly call for the other’s resignation - a demand that was quickly dismissed. Melanie Roach, director of works, brushed aside the calls by Om
$580m project fears on 'over-taxed' BEST
Opponents of a $580m south Abaco resort project yesterday voiced a lack of confidence in the ability of “over-taxed and under-resourced” government agencies to properly assess its impacts. The Sustainable South Abaco coalition, in e-mailed replies t
Compass Point owner 'speaks for 85% of us'
Compass Point’s owner is speaking for “85 percent of business persons in The Bahamas”, the DNA’s ex-leader asserted yesterday, adding: “I sympathise with him big time.” Branville McCartney told Tribune Business that Leigh Rodney’s decision to go pub
Sky chief: 'If it's me I'll step down'
Sky Bahamas principal last night vowed to step aside if he was the only obstacle to the airline restarting operations, revealing he had told his managers to prepare for a Saturday resumption.Captain Randy Butler, speaking after he met with the airlin
BTC's parent 'confident' on 2020 revival
The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday voiced optimism its mobile business will deliver an “improved performance” heading into 2020 despite further subscriber losses.Balan Nair, Liberty Latin America’s chief executive
Many Labour on Block hires 'temporary'
“Many” of those hired through the government’s Labour on the Blocks initiative were only employed temporarily, the director of labour revealed yesterday.John Pinder, pictured, said the Department of Labour’s follow-up inquiries with employers showed
Bimini 'getting back on track' after BPL issues
BIMINI’s Chamber of Commerce president yesterday voiced optimism that the island’s economy will “get back on track” despite taking a “hit” from recent energy woes. “Things have normalised to a certain degree,” Edward Reckley told Tribune Business of
Bahamian institute teams for scholarship initiative
The Bahamas Institute of Business Technology (BIBT) yesterday unveiled a new scholarship programme with DeVry University, a US higher learning institute founded in 1931.Called “Bridge to Brilliance”, the programme offers online undergraduate and grad
Farmers urged: 'Take the bull by the horns'
BAHAMIAN farmers have been urged to “get on one accord” and tackle The Bahamas $500m food import bill, amid warnings that the “livelihood of our nation depends on it”.Caron Shepherd, the Farmers United Co-operative president, told an agricultural con
Compass Point owner ‘completely out of line’
A Cabinet minister yesterday said he will “not be bullied” by the Compass Point owner’s threat to close the resort and put 60 Bahamians out of work, blasting: “He’s completely out of line.”
Inagua's 'viability' at stake in latest Morton meeting
A Cabinet minister yesterday said resolving the Morton Salt dispute is “a top priority for the sake of all Inagua residents” with the warring parties due to meet tomorrow. Dion Foulkes, minister of labour, said the company’s management and line-staf
